The first stage of one of Hamilton’s biggest ever central city townhouse developments will be completed and available to move into in May.
The first 16 townhouses in the new London Central development are under construction and taking shape. They are already being sold at a cost of $650,000 each.
The housing development on the corner of London and Tristram Streets, along with others nearby, has the potential to transform the area through the number of permanent residents it will bring to this part of the city.
Already there are suggestions that more businesses and hospitality outlets will be developed nearby to service the new population.
London Central, constructed by Da-Silva Builders, will ultimately comprise 39 townhouses and 18 apartments.
The scale of the complex on the former Waikato Toyota site has attracted attention for months and construction is moving quickly.
Leon Da-Silva, who is developing the complex near Seddon Park, says London Central provides an opportunity to purchase an affordable new home in the heart of Hamilton.
“In central Hamilton it’s quite rare to have a residential development of this size. It’s kind of like a benchmark to see if Hamilton wants this central city living,” he says.
“We’re feeling really good about bring such a unique home to the market.”
Da-Silva feels there is a significant market for both the townhouses and apartments. The price is affordable and the low maintenance, convenient lifestyle suits many people.
“These are great lock and leaves for baby boomers and empty nesters. People who have had big family homes in say Rototuna for example but now the kids have gone and they want to downsize. This is another option for them,” Da-Silva says.
“Living at London Central you will also enjoy the benefits that come from being close to all the city has to offer.”
The complex is close to retail and hospitality, both Seddon Park and FMG Stadium Waikato, and on the edge of the city’s Western Green Belt.
The first 16 townhouses are well underway. They are generous in size and have two different designs.
One has three-bedroom, two-bathroom, two-car garaging and 160 square metres across three levels.
The second style consists of three-bedroom, two-bathroom, single-car garaging and 150 square metres across three levels.
“Such well-located spacious townhouses are extremely rare in Hamilton City, especially with two-car garaging,” says Da-Silva.
Ultimately two other townhouse blocks will be built on the perimeter and two apartment blocks in the middle of the site.
Private laneways lead into each dwelling while on either side of the apartment blocks there will be communal plazas with lawn and barbecue areas.
Construction of other blocks in London Central start this year and will be staggered. The entire complex will be fully completed early 2020.
The 18 apartments are also over three levels and consist of two-bedroom, one-bathroom, 75 square metres and single car park.
Da-Silva says London Central has been architecturally designed by Stapleton Elliott with a modern look and feel, with carefully considered proportions and oriented to ensure it introduces sun and light and maximises the central city views.
“We spent a bit of money on the design because we wanted to get something quite special. They are low maintenance with a variety of black, white and red brick colours and colour steel. They are slick, sharp colours and they’re going to look really great once the scaffolding comes down.”
The townhouses and apartments’ interior finishes include stone benchtops, tile showers, 2.55 metre stud heights and walk-in pantries as well as European Bosch appliances, heat pumps, gas cooking and hot water, digital entry door lock, double glazing and exterior balconies.
The northern part of the CBD has been earmarked by Hamilton City Council as a favoured site for more residential development.
Da-Silva says London Central will ultimately bring at least 150 new residents into this part of the CBD.
He acquired the former car yard in 2016 and has been planning the development ever since.
“I think the more people living in the CBD the better, so if this goes well we’ll do more,” he says.
London Central’s townhouses are being marketed by Shaun Cosgrave at Harcourts.